Tavernique has 750,000 of tax losses carried forward. Its forecasts, documented and judged probable (case assumptions), show 900,000 of taxable profit within the carry-forward period. Expected tax rate: 28%. Which deferred tax asset is recognised?
- Tax losses carried forward
- 750,000
- Probable taxable profit within the carry-forward period
- 900,000
- Tax rate (%)
- 28 %